30 Jan, 2023

Super Simple Ways To Increase The Value Of Your Home - 6 Methods

Super Simple Ways to Increase the Value Of Your Home - 6 Methods
Written by: - Phil Baker

Your home is always going to be special to you. It is impossible not to get emotionally connected to your home, especially after all the hard work and effort that you put into it to make it your own. However, while it is your special place, it is also an asset, and as such it can increase in financial value. So not only will the emotional value of your home increase over time, so will the financial value, assuming that you invest your effort in the right areas. 

There are lots of ways that you can increase the value of your home. And some of these ways don’t actually require that much money to be spent. So, if you are looking to sell your home, or you are getting it valued for financial reasons, then you are in the right place. 

In this guide, we’re taking a look at 6 ways to increase the value of your home. So if you want to find out more, keep on reading!

Also read: Build Credit Fast

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1. Deep Clean and Declutter

This first step is actually relatively cost-free, and if you follow the right methods you could even make money on top of the value that is being added to your home. Deep cleaning and decluttering your home is a great way to increase the value of your house, especially if you are looking to sell. 

It won’t cost too much to give your house a deep clean, but it can make a whole lot of difference. If people are coming to view your home, they won’t want to purchase a house that isn’t clean. So giving it a deep clean is a great way to increase the value of your home from a buyer’s perspective. 

Likewise, a cluttered home isn’t as attractive to a buyer. Amongst all the clutter, it can be difficult to imagine yourself living in someone else’s house. So decluttering your home is likely to make it more attractive. If you sell some of the clutter, then you could even make yourself some money in the process. 

Also read: Raise Your Credit Score 

 

2. Focus on Curb Appeal

Curb appeal is a lot more important than you may realize, and focusing on curb appeal can make your house a lot more attractive to potential buyers. When a person visits your home for a house viewing, the first thing that they will see is the view from the curb, so you need to make sure that it is a good one. 

Tidy up your front yard, remove any weeds, and add a nice plant. Give your front door a clean and your windows too. These changes don’t need to be large, in fact, they can be pretty minor but still make a big difference! 

Also read: What a PPP Loan is

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3. Invest in Your Bathroom and Kitchen

If you are planning on doing any major work to your home, then there are two areas that you should focus on to increase the value of your home substantially. Those two areas are the kitchen and the bathroom. 

If you speak to any real estate agents, they will tell you that the rooms which will increase the value of your home are the bathroom and the kitchen. In fact, a remodel of either of these rooms could even guarantee a 100% or greater return on your investment. The kitchen is the heart of the home, and the bathroom is an essential space too, so it is worth investing your money in these areas! 

Also read: How To Apply For a PPP Loan

 

4. Finish Any Unfinished Projects

One thing that is guaranteed to reduce the value of your home is any unfinished projects. Most people do not want to purchase a home that requires work, if a house has had renovation work done, then they will want it all to be completed. They won’t want to take on a house that has unfinished projects. 

So finish off any work in the basement, add some carpet to the room that has bare floorboards, and paint over the wall that has only had a mist coat – these small things will make a huge difference to the value of your home. 

 

5. Update the Finishes

Many people believe that you need to invest a lot of money in your house to increase the value, but this isn’t always the case. In fact, simply upgrading the finishes of your house can make a huge difference. 

So, consider the little things, such as replacing the light switches, changing the door handles, or adding a different color paint to the hallway can make a big difference to the value of your home.

 

6. Go Energy Efficient

Finally, energy efficiency makes a big difference to the value of your home and that is because the cost of utilities bills is constantly getting higher. So, swapping out old fittings for energy efficient ones will make your house more attractive to prospective buyers. 

Consider switching out your light bulbs and replacing older kitchen appliances that guzzle electricity, and this is guaranteed to make your home increase in value. 

 

Bonus Tip – Freshen Up the Paint

You didn’t really think we were going to leave it there, did you? For a bonus tip on increasing the value of your home, you should really take things back to basics, and simply freshen up the paint in your house

There is absolutely no need to repaint the entire house from top to bottom, or to change the color scheme of entire rooms. Instead, a simple touch up of the existing paint is good enough. If there are any marks in the paint, make sure you have covered them, and if you have any white walls, consider giving them a fresh coat of paint. It is surprising just how big a difference this can make to your home.

Also read: Build Business Credit

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Summary

In short, there are lots of ways for you to increase the value of your home. In this guide, we’ve taken a look at 6 of the best ways to do this. So if you want to find out more, check out the guide above. 

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